Sowell Financial Services LLC Purchases 56,698 Shares of IMAX Corporation $IMAX

Posted by Brenda Bartman on Oct 31st, 2026

Sowell Financial Services LLC bought a new stake in shares of IMAX Corporation (NYSE:IMAX – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 56,698 shares of the company’s stock, valued at approximately $3,107,000. Sowell Financial Services LLC owned 0.10% of IMAX as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Triumph Capital Management increased its holdings in IMAX by 3.0% in the 2nd quarter. Triumph Capital Management now owns 17,295 shares of the company’s stock worth $689,000 after acquiring an additional 504 shares in the last quarter. State of Wyoming increased its stake in shares of IMAX by 7.6% during the first quarter. State of Wyoming now owns 7,910 shares of the company’s stock worth $301,000 after purchasing an additional 562 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in IMAX by 5.4% in the 1st quarter. Quantinno Capital Management LP now owns 18,844 shares of the company’s stock worth $716,000 after buying an additional 957 shares during the last quarter. Sterling Capital Management LLC lifted its position in shares of IMAX by 838.9% in the third quarter. Sterling Capital Management LLC now owns 1,521 shares of the company’s stock valued at $83,000 after acquiring an additional 1,359 shares in the last quarter. Finally, Gibbs Wealth Management boosted its stake in shares of IMAX by 6.6% in the third quarter. Gibbs Wealth Management now owns 27,640 shares of the company’s stock worth $1,515,000 after acquiring an additional 1,716 shares during the last quarter. Hedge funds and other institutional investors own 93.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Rosenblatt Securities restated a “buy” rating and issued a $65.00 price objective on shares of IMAX in a report on Wednesday, October 14th. Wedbush upped their price target on IMAX from $54.00 to $60.00 and gave the company an “outperform” rating in a research report on Wednesday, October 14th. Morgan Stanley assumed coverage on IMAX in a report on Thursday, September 24th. They issued an “overweight” rating and a $63.00 target price for the company. B. Riley Financial boosted their price target on shares of IMAX from $61.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday, October 8th. Finally, Zacks Research raised shares of IMAX from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $58.15.

Get Our Latest Research Report on IMAX

IMAX News Roundup

Here are the key news stories impacting IMAX this week:

Positive Sentiment: “Dune” franchise re-release should support IMAX attendance. “Dune” and “Dune: Part Two” are returning to IMAX theaters, with an exclusive preview of “Dune: Part Three.” The event could generate premium-format ticket sales and renewed interest ahead of the next installment. Dune and Dune: Part Two return to IMAX theatres with exclusive Dune: Part Three sneak peek
Positive Sentiment: Recent audience coverage highlights the premium IMAX experience. Reports describing strong consumer interest in IMAX Laser for “Resident Evil” and the first Japanese film filmed for IMAX, “Godzilla -0.0,” reinforce demand for differentiated large-screen presentations, although these reports are less financially significant than major studio releases. Resident Evil in IMAX Laser
Neutral Sentiment: Potential scheduling conflict in India could affect individual titles. “Godzilla Minus Zero” may face a delayed Indian release because “Ramayana” reportedly has IMAX exclusivity. This could reduce IMAX showtimes for one film, but the impact on IMAX Corporation is uncertain and may reflect normal screen-allocation decisions. Godzilla Minus Zero India release may be delayed
Negative Sentiment: Netflix’s Brad Pitt-led “Cliff Booth” will not play on Regal or Cinemark IMAX screens. The decision removes a prominent upcoming title from two major U.S. theater chains, limiting potential premium-screen admissions and highlighting continuing friction between Netflix’s release strategy and theatrical exhibitors. Netflix’s Cliff Booth will not play on Cinemark or Regal’s IMAX screens

IMAX Stock Performance

NYSE IMAX opened at $50.60 on Friday. IMAX Corporation has a one year low of $31.27 and a one year high of $57.73. The firm has a 50 day simple moving average of $52.49 and a 200-day simple moving average of $42.87. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 70.28, a PEG ratio of 1.32 and a beta of 0.49.

Insiders Place Their Bets

In other news, VP Robert D. Lister sold 22,500 shares of IMAX stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $51.58, for a total value of $1,160,550.00. Following the transaction, the vice president directly owned 182,375 shares of the company’s stock, valued at $9,406,902.50. The trade was a 10.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Richard L. Gelfond sold 100,000 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $53.23, for a total transaction of $5,323,000.00. Following the completion of the sale, the chief executive officer owned 665,002 shares of the company’s stock, valued at approximately $35,398,056.46. This trade represents a 13.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 507,257 shares of company stock valued at $26,673,571 in the last three months. Corporate insiders own 20.55% of the company’s stock.

IMAX Profile

(Free Report)

IMAX Corporation (NYSE: IMAX) is a global entertainment technology company that specializes in premium large-format cinema experiences. The company designs and supplies specialized theater systems that combine large screens, high-resolution projection, advanced sound, and immersive theater design to present feature films, documentaries, live events, and other content.

IMAX supports its theater partners with projection and sound equipment, theater design and installation services, and technology and maintenance support.